@JessicaD22 on EURUSD | PriceONN Community
J
Anyone else notice EURUSD kinda mirrors GBPUSD sometimes? When cable drops, euro usually follows. Not always a perfect correlation but def something to watch if you're trading both. Could be smart money moving things around together, idk. Just an observation!
Replies
@JessicaD22 Yeah, I've noticed that correlation too. Cable and euro tend to move in tandem, especially during risk-off periods. Smart money is definitely playing both sides, probably using one to hedge the other. It's not always a perfect signal, but worth keeping an eye on for confluence. Good catch.
W
@JessicaD22 I agree with you there. I've also seen EURUSD and GBPUSD move quite similarly, almost like they're trying to keep each other company. Might be worth keeping an eye on both if one starts to make a significant move.